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Cosmos Ecological Liquidity Staking Project Stride Temporarily Shelves Plans to Convert STRD to ATOM

Cosmos ecosystem liquidity pledge project Stride will suspend its plan to convert its native token STRD into ATOM, the token of the core blockchain of the Cosmos ecosystem, Cosmos Hub. Just nine days ago, Vishal Talasani, co-founder of Stride Labs, proposed at Cosmoverse in Istanbul that Stride should merge with Cosmos Hub. However, the team stated: "After a week of public discussion, the Cosmos Hub+Stride community has suspended the STRD/ATOM conversion, which can be considered shelved, but not completely abandoned."

The Stride team wrote: "From the reactions of the Cosmos Hub and Stride communities, there are too many differences and insufficient consensus on the feasibility of the conversion idea. Perhaps this situation will change at some point in the future, but for now, we believe that it is inappropriate to push forward with the specific details of the conversion." 

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